Fast Take
- This previous week has been extraordinarily wild in Bitcoin, with the emergence of BRC-20 tokens surpassing a $500 billion market cap.
- This has added momentum with Ordinals that began initially of the 12 months.
- CryptoSlate reported that miners obtained extra Bitcoin in transaction charges than block rewards.
- Nevertheless, utilizing Glassnode knowledge, we are able to see the typical charges paid per block has returned to 1.0 Bitcoin per block.
- In accordance with James Test analyst at Glassnode, “The typical Bitcoin payment paid per block has solely surpassed the block subsidy on 5 events, with the newest occasion being this week.”
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